American Express Earnings, Revenue Beat in Q1
2022.04.22 14:26
American Express Earnings, Revenue Beat in Q1
Investing.com – American Express (NYSE:AXP) reported on Friday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
American Express announced earnings per share of $2.73 on revenue of $11.74B. Analysts polled by Investing.com anticipated EPS of $2.4 on revenue of $11.64B.
American Express shares are up 24% from the beginning of the year, still down 6.92% from its 52 week high of $199.55 set on February 16. They are outperforming the S&P 500 which is down 7.82% from the start of the year.
American Express follows other major Financial sector earnings this month
American Express’s report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
